Nearly every year for the past decade lawmakers have gone after the two major federal retirement programs, FERS and CSRS. So far, groups representing workers and retirees have managed to beat back the changes — but there have been some close calls.
With half the legislative year over and Democrats running the House while political eyes focus on 2020 races, the retirement plan looks safe for now.
Most TSP investors know the stock market is long overdue for a major correction. The question is when will that happen, how long will it last, and what if anything you should be doing about it?
When it comes to saving and investing for retirement, federal and military personnel are way ahead of their private sector counterparts.
The slight upward creep in living costs in the first four months of this year points to a modest January 2020 cost-of-living adjustment.
Most investors in the Thrift Savings Plan know they are in it for the long haul. So what's the best route for your endgame?
The good news for most long-time federal and postal workers, is that in retirement, you may be better off than many of your private sector neighbors.
9,540 additional federal and postal workers became Thrift Savings Plan millionaires between March 2018 and the end of March this year.
In today's Federal Newscast, A bipartisan pair of lawmakers want to give some federal employees a new retirement flexibility.
Dan Magneson, a GS-482-11 fish biologist since December 2002, explains his thinking behind working a little longer than he expected.
A new House budget proposal is silent on federal retirement cuts. Instead, it focuses on securing a two-year spending deal that breaks free of the Budget Control Act caps.
Several members of Congress have declared the President's proposed cuts to federal employee retirement "dead on arrival," while at least one Republican has expressed more of an interest in developing a new system for prospective employees.
For the past decade the number of self-made millionaires in the federal Thrift Savings Plan has been growing steadily. peaking in September. But the last quarter of 2018 saw the market fall.
Regardless of age, experience, grade, location or job federal workers today fall into one of two categories, neither of which is good.
If you are planning to retire soon, when should you do it? Federal benefits expert Tammy Flanagan joined host Mike Causey on this week's Your Turn to talk about the best dates to retire.